So what are you really saying? If in the reams of information presented to investors, a misstatement was made and corrected about who actually had reviewed the Chartis reserves, that's a good thing. But if you are implying that the Chartis reserves are abysmal and there was an attempt by AIG to cover it up by implying Fed Regulators waved an imaginary wand of approval, that's not only a "truthiness" issue, it's possibly fraud. I'd suggest you clarify it for your readers.

Add a Comment

Error message

Name

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comment

About Deal Journal

Deal Journal is an up-to-the-minute take on the deals and deal makers that shape the landscape of Wall Street, including mergers and acquisitions, capital-raising, private equity and bankruptcy. In short, wherever money changes hands. Deal Journal is updated throughout each trading day with exclusive commentary, analysis, data, news flashes and profiles. The Wall Street Journal’s David Benoit is the lead writer, with contributions from other Journal reporters and editors. Send news items, comments and questions to deals@wsj.com.